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Bureau Veritas

Verified

FY2025 · Official Annual Results

€6.5B

Revenue

16.3%

Adj. Op. Margin

82,049

Employees

+3.6%

Revenue Growth

+6.5%

Organic Growth

Source

Key Performance Indicators

Bureau Veritas · FY2025 verified data

€6.5B

Revenue

+3.6% YoY

16.3%

Adj. Op. Margin

Operating efficiency

€824M

Free Cash Flow

€588M

Net Profit

€1.3B

Net Debt

82,049

Employees

€992M

EBIT / Op. Profit

Income Cascade

From Revenue down through each profit metric · Bureau Veritas · FY2025

Revenue vs Peers

All TIC competitors · FY2025 · Click a peer bar to see quick stats

#4 of 10

Bureau Veritas ranks #4 of 10 by revenue. The market leader is DNV, generating 5.5× more revenue.

Operating Margin vs Peers

Best available margin metric per company · FY2025 · Dashed line = 15% industry benchmark · Click a peer bar to see quick stats

#4 of 6

Bureau Veritas ranks #4 of 6 by margin. Closing the 9.6pp gap to leader UL Solutions would represent a significant efficiency opportunity.

Revenue Growth Comparison

Reported growth vs organic growth · FY2025 · Current company highlighted

Reported Growth
Organic Growth

Bureau Veritas ranks #6 of 8 for revenue growth at +3.6%. The fastest-growing peer is TÜV Rheinland.

Free Cash Flow vs Peers

Reported or adjusted FCF · FY2025 · Click a peer bar to see quick stats

#3 of 5

Bureau Veritas ranks #3 of 5 for free cash flow. The leader Eurofins generates 1.3× more FCF, suggesting stronger cash conversion.

Workforce Scale vs Peers

Employee headcount · FY2025 · Click a peer bar to see quick stats

#1 of 10

Competitive Profile Radar

Bureau Veritas scored against the best-in-class peer in each dimension · FY2025

Each axis = score relative to best-performing peer (100 = top of set)

Margin Breakdown

All disclosed margin metrics · Bureau Veritas · FY2025

Adj. Operating Margin16.3%
0%Industry benchmark: 15%30%

Financial Statement

Bureau Veritas · FY2025 · Official Annual Results

Income & Cash Flow Summary

Revenue

€6,466.4M

Adj. Operating Profit

16.3% of revenue

€1,052.9M

Operating Profit / EBIT

15.3% of revenue

€992.4M

Net Profit

9.1% of revenue

€588M

Free Cash Flow

12.7% of revenue

€824.2M

Net Debt

19.4% of revenue

€1,253.3M

Intelligence Highlights

Key strategic and financial signals derived from disclosed data

Organic growth of 6.5% significantly outpaces reported growth of 3.6%, reflecting positive FX headwinds.

Adjusted operating margin of 16.3% demonstrates resilient pricing power across a diversified portfolio.

Free cash flow of €824M provides strong balance sheet flexibility for M&A and shareholder returns.

82,049 employees positions BV as the largest workforce in the tracked TIC competitive set.

Data Source Attribution

PeriodFY2025
TypeOfficial Annual Results
VerifiedYes — official source